We dont have to work too hard to envision what Obamas Post-Capitalist America will look like, because its here already. The basic ingredients bureaucratization and overregulation have already destroyed sizable chunks of American industry and business over a number of decades. Now with nationalization on the table, were getting the first glimpses of what the American auto industry and medicine will look like, nationalized.

"Creeping socialism has steadily made American businesses less competitive and more dependent on government funds. Environmentalism is only the latest and most destructive incarnation of government initiatives that have on the one hand crippled businesses, and on the other hand transformed them into beggars looking for a government handout. Going green for businesses means added expenses on the one hand, and government subsidies on the other, turning a Green business into a post-capitalist socialist enterprise that is not competitive but exists on government subsidies. A model that will insure that American businesses follow European businesses into obsolescence."

If you have any monies left in your IRA or 401's and looking to recoup your losses from this financial melt-down, I suggest that you look at "emerging markets". Do some homework (p/e, debt load, wide moat, etc.) and also use your commonsense about where growth will occur in the future.

Here's a clue: BRIC (Brazil, Russia, India, China). United States companies will come back once the world-wide recession ends but they don't have the growth potential Brazil and India, and especially China have. The US is a matured economy. Opportunities are in the emerging markets.

Kind of a pisser that we only get the truth from foreign reporters. Canada and the UK get it. They have been down the nightmare trail of socialism and REALLY don’t want us to do the same. The USA is the last bastion of freedom and what other countries stive to be like. And now the libtard arrogant control freaks running out country think they are the only ones that can make socialism work. It can’t work because it requires everyone to work for the collective good and sacrifice their own desires. Can’t work and wont’ work. Failed everywhere it has been tried. The only reason some countries are still socialist is because it is kept in place by force.
Another thought, possible the ozero team may be so arrogant that they can pull this off. OR they are doing this on purpose to destroy the USA. But I can’t help but think, if they destroy the country, where are they going to go after they are done?

33
posted on 06/23/2009 5:47:35 AM PDT
by Texas resident
(Texan by birth and by choice.)

And now the libtard arrogant control freaks running out country think they are the only ones that can make socialism work.

You may be surprised just how disturbingly accurate that statement is. Below is a short paragraph excerpted from a Joe Farah article entitled "Ted Kennedy's moment of candor".

Ted Kennedy is and was a socialist  and he actually admitted it on the floor of the Senate Jan. 20, 1995.

Economist Milton Friedman was testifying before the Senate Judiciary Committee in favor of a national constitutional amendment for a balanced budget. Kennedy argued that a requirement for a balanced budget would restrict the federal government's power and its ability to spend  thus, he said, Washington's role in more fairly and equitably distributing wealth, goods and services.

"Senator, socialism hasn't worked in 6,000 years of recorded history," explained Friedman. "Why won't you give up on it?"

Kennedy rose to his feet, according to Nuttle, who attended the hearing, and replied: "It hasn't worked in 6,000 years of recorded history because it didn't have me to run it."

And there you have it. The alcoholic socialist pig senator who has worked tirelessly for four plus decades to harm this country more than any other single individual in history shown for what he is, a bellicose, arrogant, and unrepentant traitor to the nation.

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